Financial Analysis of the Mercantile Registry of Las Palmas

Analysis date: July 19, 2024

This report presents a detailed analysis of the acts registered in the Mercantile Registry of Las Palmas. The data has been extracted from a set of documents reflecting various business activities, including appointments, incorporations, resignations, revocations, among others. Below, the most relevant facts are described:

1. Mercantile Registry

The analysis focuses on the Mercantile Registry of Las Palmas, where multiple business acts have been carried out. This registry is essential for the transparency and proper functioning of companies in the region.

2. Appointment Acts

A total of 18 appointment acts have been registered. These types of acts are essential for the management and direction of companies, as they involve the designation of new managerial and administrative positions. An example of a company with activity in this regard is MILCASAS 2000 SL, which, although it has not registered recent appointments, is relevant in the real estate sector with a share capital of 140,310.00 euros.

3. Incorporation Acts

8 incorporation acts have been carried out. These acts represent the creation of new companies, which is a positive indicator of economic growth and business dynamism in the region. The company BRAVO & MARTIN ESTUDIO SL, incorporated in 1998, is an example of a consolidated company in the construction sector with a share capital of 500,000.00 euros.

4. Resignation Acts

4 resignation acts have been registered. These acts may imply changes in the organizational structure of companies, either due to resignations, dismissals, or contract terminations. It is important to monitor these changes to understand the internal dynamics of companies.

5. Revocation Acts

Only 1 revocation act has been registered. These types of acts usually involve the annulment of previous decisions or appointments, which may reflect adjustments or corrections in business management.

6. Sole Proprietorship Acts

5 sole proprietorship acts have been registered. These acts indicate the transformation of companies into sole proprietorships, where a single partner is the owner. This type of structure can facilitate decision-making and business management.

7. Change of Address Acts

2 change of address acts have been registered. These acts reflect the relocation of business headquarters, which may be motivated by expansion strategies, cost reduction, or access to new markets. The company MILCASAS 2000 SL has registered a change of address, which may indicate a relocation strategy to improve its operability.

8. Statutory Modification Acts

3 statutory modification acts have been registered. These acts involve changes in the statutes of companies, which may include adjustments in the organizational structure, changes in the corporate purpose, among others.

9. Capital Increase Acts

No capital increase acts have been registered. Capital increases are important to finance the growth and expansion of companies, so the absence of these acts may indicate stability in the current financial structure of companies.

10. Dissolution Acts

1 dissolution act has been registered. The dissolution of a company can result from various reasons, such as financial problems, mergers, or acquisitions. The company BRAVO & MARTIN ESTUDIO SL has registered a dissolution, which may have significant implications in the construction sector in the region.

11. Re-election Acts

1 re-election act has been registered. Re-elections are important for continuity and stability in business management, allowing executives to continue with their projects and strategies.

12. Insolvency Acts

No insolvency acts have been registered. The absence of these acts is a positive indicator, as insolvency situations usually reflect severe financial problems in companies.

13. Other Acts

No acts of changes in corporate purpose, changes in denomination, capital reductions, expansions of corporate purpose, changes in sole proprietorship, loss of sole proprietorship, extinctions, mergers, or transformations of society have been registered. The absence of these acts may indicate stability in the current business structures and operations.

Conclusion

In summary, the Mercantile Registry of Las Palmas shows diverse and dynamic business activity, with a significant number of appointments and incorporations, which is a positive indicator for the local economy. Stability in other acts, such as capital increases and insolvency situations, suggests a solid financial structure in the region's companies. Companies like MILCASAS 2000 SL and BRAVO & MARTIN ESTUDIO SL are examples of important players in their respective sectors, contributing to the economic development of Las Palmas.